Global Sorghum Category - Procurement Market Intelligence Report
About Sorghum Market
Sorghum is a cereal grain plant that belongs to the grass family Poaceae. It is also called great millet, Indian millet, milo, or durra. The global demand for sorghum is driven by driven by its increased use in major end-user industries such as F&B and livestock feed.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Sorghum Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Sorghum Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to the optimization of category spend.
Category driver
- Its increased use in livestock feed and human food applications
- For a full, detailed list, view our report
- Engage with suppliers that have implemented effective logistics management and network optimization mechanisms
- For a full, detailed list, view our report
- Choose suppliers that engage with a few third-party raw material suppliers
- For a full, detailed list, view our report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
Press Release
SpendEdge Announces the Publication of its Procurement Research Report – Global Sorghum Category - Procurement Market Intelligence Report 2018-2022.
SpendEdge recognizes the following companies as the key suppliers in the Global Sorghum Category - Procurement Market Intelligence Report: Cargill, Archer Daniels Midland, Bunge, Olam International, Louis Dreyfus Company, DowDuPont, Glencore, Monsanto, Nuseed, and RICHARDSON SEEDS.
Commenting on the report, an analyst from SpendEdge said: “One of the procurement best practices for buyers is to assess whether suppliers follow the necessary agricultural practices.”
According to the report, one of the key growth contributors to the global sorghum market is the growing demand for sorghum in major end-user industries such as F&B and livestock feed.
Further, the report states that one of the key category management strategies for the buyers in the global sorghum market is to avoid production delays due to supply disruptions."
Companies Mentioned
Profile: Cargill
Profile: Archer Daniels Midland
Profile: Bunge
Profile: Olam
Profile: Louis Dreyfus
Profile: DowDuPont"
- PART 01: Executive Summary
- PART 02: Market Insights
- Global category spend
- Category spend growth
- Spend segmentation by region
- Regional spend dynamics
- Regional influence on global spend
- Regional spend opportunity for suppliers
- PART 03: Category Pricing Insights
- Pricing outlook
- Supplier cost structure
- Outlook for input costs
- Total cost of ownership analysis
- Overview of pricing models
- Comparison of pricing models
- Supply chain margins
- Cost drivers impacting pricing
- Volume drivers impacting pricing
- PART 04: Cost-Saving Opportunities
- Supplier-side levers
- Buyer-side levers
- Quantifying cost-saving opportunities
- Quantifying cost savings by negotiation strategies
- PART 05: Best Practices
- Innovation and success stories
- Procurement excellence best practices
- Procurement best practices
- Sustainability practices
- PART 06: Category Ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Buyer power
- Supplier power
- Threat of new entrants
- Threat of substitutes
- Buyer ecosystem
- Supplier ecosystem
- PART 07: Category Management Strategy
- Category management objectives
- Supplier and buyer KPIs
- Outsourcing category management activities
- Risk management
- PART 08: Category Management Enablers
- Procurement organization
- Category enablers
- PART 09: Suppliers Selection
- RFx essentials
- Supplier selection criteria
- Service level agreement
- Incumbent supplier evaluation metrics
- PART 10: Suppliers Under Coverage
- Overview
- Supplier positioning
- Profile: Cargill
- Profile: Archer Daniels Midland
- Profile: Bunge
- Profile: Olam
- Profile: Louis Dreyfus
- Profile: DowDuPont
- PART 11: US Market Insights
- Category spend in the US
- Price outlook
- Supplier cost structure in the US
- Margins of suppliers in the US
- Category cost drivers
- Category volume drivers
- Overview of best practices in the US
- Procurement best practices in the US
- US supply market overview
- Supplier positioning for the US
- Regional category risks
- PART 12: Category Definition
- Category hierarchy
- Category scope
- Category map
- PART 13: Appendix
- List of abbreviations
- Key Notes
- List of Exhibits
- Global category spend (2017-2022)
- Category spend growth (2017-2022)
- Regional spend dynamics
- Regional spend dynamics
- Comparison of category maturity across regions
- Regional spend opportunity for suppliers (2017-2022)
- Category pricing dynamics
- Supplier cost breakup
- Input cost dynamics
- Total cost of ownership model
- Benefit comparison of pricing models
- Pricing models – Comparison matrix
- Supplier margin analysis
- Margin analysis across supply chain
- Cost drivers
- Volume drivers
- Cost-saving opportunities: Supply-side levers
- Cost-saving opportunities: Demand-side levers
- Cost-saving opportunity matrix
- Negotiation grid
- Innovation and success stories
- Procurement excellence summary: Impact on the category
- Supplier relationship management metrics
- Strategic sourcing and category management metrics
- Technology-facilitated procurement metrics
- Procurement best practices dashboard
- Sustainability practices: Impact on the category
- Sustainability best practices
- Market environment score
- Market competitiveness score
- Buyer power score
- Supplier power score
- Ease of market entry score
- Ease of substitution score
- Buyer ecosystem: Outlook
- Supplier ecosystem: Outlook
- Ecosystem disruption threats
- Key category management objectives
- Supplier KPI dashboard: Importance for the category
- Buyer KPI dashboard: Importance for the category
- Category management enablers
- Risk management matrix
- Category enablers: Organization
- Category enablers: Technology
- RFx questions
- Phase I RFI considerations
- SLA terms
- Supplier performance benchmarking criteria
- Supplier operational capability matrix
- Supplier positioning matrix
- Cargill – Key information dashboard
- Archer Daniels Midland – Key information dashboard
- Bunge – Key information dashboard
- Olam – Key information dashboard
- Louis Dreyfus – Key information dashboard
- DowDuPont – Key information dashboard
- US category spend (2017-2022)
- Category pricing dynamics
- Supplier cost breakup
- Supplier margin analysis
- Margin analysis across supply chain
- Cost drivers
- Volume drivers
- Procurement excellence summary: Impact on the category
- Supplier relationship management
- Strategic sourcing and category management
- Technology-facilitated procurement
- Procurement best practices dashboard
- Supplier operational capability matrix
- Supplier positioning matrix
- Risk management matrix
- Category definition
- Category nuances
- Importance of category relative to other categories
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